Adjusting journal entries:

A) need not be journalized since they appear on the worksheet.
B) need not be posted if the financial statements are prepared from the worksheet.
C) are not needed if closing entries are prepared.
D) must be journalized and posted.

Adjusting Journal Entries

Entries made at the end of an accounting period to update the accounts and ensure accurate financial reporting.

Financial Statements

Documents that provide an overview of a company's financial condition, including balance sheets, income statements, and cash flow statements.